For many years, Edita has worked cultivating coffee. Her father taught her to work in the field and also left her a small parcel of land where she currently has her coffee plants planted. It is near her house, from where they have no problem traveling to in the company of her family. One of her challenges is the increase in the price of fertilizers, which is a problem; the price of them is unstable.
Therefore she asks to be supported financially by the different investors on the Kiva platform to be able to carry out the purchase of supplies that will help her maintain quality of her plants. Her future plans are to continue improving her business to obtain better income and thereby have better living conditions in the future. She is already thinking to invest a part of the profits she acquires by the sale of the coffee grain in improvements to her home, which are necessary. She will use the rest to continue expanding her property.
More information about this loan
These loans are designed for female farmers who produce a variety of products (onion, garlic, eggplant, spinach, mango, strawberries, etc.). Loan terms will vary depending on need, and borrowers can choose to make a "bullet" payment timed with harvest profits. Agricultural loans are considered risky in Honduras due to external forces like unpredictable weather and worldwide crop prices. As a result, many traditional financial institutions are unwilling to offer these loans. With Kiva funding, COMIXMUL will be able to reach more borrowers with agricultural loans tailored to their needs.
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This loan has been fully funded!